The Australian dollar was trading at $US 97.13 cents early this morning.

The value is higher than Tuesday's close of $US 95.76 cents. Overnight, the Aussie buck reached $US 97.18 cents.

The dollar was trading between $US 95.49 cents and $US 97.26 cents since 5 p.m. yesterday.

The Australia dollar can buy the British pound at $AU 1.6543, the Euro at $AU 1.4338, and the Canadian dollar at $AU 1.0190. It could be exchanged with a unit of the Chinese Yuan for $AU 0.1555 cents, the Hong Kong dollar for $AU 0.1341 cents, and the Japanese Yen for 0.0124 cent.

The New Zealand Kiwi is worth $AU 0.7743 cents. Against the Singapore dollar, the local unit is equivalent to $AU 0.7928 cents.

The local unit jumped up $US 1.5 cents today after almost losing close to one US cent yesterday. Traders during Tuesday's trading were filled with apprehensions about the Reseve Bank of Australia's (RBA) decision on the cash rate.

Employment is expected to improve for the seventh straight month this September. A 5.1 percent jobless figure in August shows a promising increase in employment.

No major data in the domestic market is expected to influence the local currency today.